Dawood Ibrahim’s properties worth $6.7 billion frozen by British authorities

Dawood Ibrahim’s properties worth $6.7 billion frozen by British authorities

According to Forbes, Dawood Ibrahim is one of the richest gangsters of all time. In 2015, Forbes estimated Dawood Ibrahim’s net asset at US$ 6.7 billion.

British authorities have frozen properties belonging to fugitive Indian underworld gangster Dawood Ibrahim. Reports say assets worth $6.7 billion belonging to the wanted underworld don have been seized by British authorities.

Dawood, who Indian agencies claim runs his crime empire from Clifton area in Karachi, Pakistan, appears on the latest UK Treasury department’s Consolidated List of Financial Sanctions Targets, updated last month.

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According to Forbes, Dawood Ibrahim is one of the richest gangsters of all time. In 2015, Forbes estimated Dawood Ibrahim’s net asset at US$ 6.7 billion.

Dawood Ibrahim has his business interests in more than a dozen countries spread over Europe, Africa and South Asia. He has assets worth US $450 million in the UK alone. He is said to have invested in over 50 properties in different countries.

Read More @ indiatoday


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